Mortgage activity in Quebec fell 16% last year amid higher rates
Rising interest rates, compounded by stricter qualification rules, led to a 16% decline in mortgage activity in Quebec last year. Rising interest rates, compounded by
Rising interest rates, compounded by stricter qualification rules, led to a 16% decline in mortgage activity in Quebec last year. Rising interest rates, compounded by
When deciding to hold rates at its February meeting, the Bank of Canada took into consideration the fact Canada’s real estate and mortgage markets are
For the second straight month, Canada’s headline inflation rate surprised to the downside, all but guaranteeing another Bank of Canada rate pause at its April
It took some time, but mortgage rates are now responding to last week’s plunge in bond yields stemming from fears about systemic financial risk in
All mortgage brokers should have a comfortable working knowledge of how prepayment penalties are calculated and applied. All mortgage brokers should have a comfortable working
On a non-seasonally adjusted basis, home prices registered their first monthly rise in six months, jumping over $50,000 to $635,000. On a non-seasonally adjusted basis,
Average rents in Canada may have declines for the third consecutive month, but they still remain 9.7% higher compared to a year ago. Average rents
Borrowers are now spending roughly $1 out of every $13 of their disposable income on servicing their mortgages. That’s according to Statistics Canada’s fourth-quarter national
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